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Period: to
Significant Developments
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Coinage act of 1873
This refers to the omission of the silver coin. Silver prices dropped in 1876, this was the reaction that was intended -
Sherman anti-trust act 1890
This act prohibits certain business activities that federal government regulators deem to be anti-competitive, and requires the federal government to investigate and pursue trusts. -
Model T introduce
The model T was introduced by Henry Ford. Generally regarded as the first affordable automobile. Made it a very common item for almost all families to have -
16th Amendment 1913
This amendment allows the Congress to levy an income tax without apportioning it among the states or basing it on the United States Census. -
Federal Reserve Act 1931
This act was created and established the Federal Reserve System. It was the central banking system of the United States.